stephen, why are so many poor in this country? >> we just had a terrible recession we're still in. any time the economy takes a nosedive like we've seen in the last couple years, that's going to cause a plunge in people's incomes. unfortunately, tom, the people that get hurt most in recessions are lower ends of the income scale. rich person sees a drop in the income, it means instead of buy a porsche, they buy a bmw. for a poor person, it's hard to pay the bills. when we get into a recovery, we'll start to see poverty rate reduce and incomes rise, not just for rich but everyone. >> short answer here, does this have any affect on the fact savings dropped so low there was no pad. >> for the first time in 15 years savings rates are starting to come up. people learned the lesson. >> i'm not sure the white house is thrilled when they want spending now. >> understand the thing with the savings rate is we have folks that have been out of work for over a year. before this recession we were telling folks to have three to six months worth of savings, if you were still out of work you could t